Wal-Mart to cut jobs at headquarters: WSJ

(Reuters) - Wal-Mart Stores Inc is planning a round of layoffs as early as Friday that would affect hundreds of employees at its headquarters in Arkansas, the Wall Street Journal reported, citing people familiar with the matter. Fewer than 500 workers are expected to lose their jobs at the world's largest retailer, the Journal said. Wal-Mart and its units had about 2.2 million employees globally, with nearly 1.4 million associates in the United States, as of the end of its fiscal 2015.